The End of America's Social Democratic Era

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In the united states, we had a period after world war two that really was different in politics. The idea not only remained, but is enshrined globally in the universal declaration of human rights. And among the economic rights are the right to a decent standard of living and health care. But we're not there on access to health coverage - joe byden's trying to move things farther.

The recent publication of The Pandora Papers, a trove of 12 million financial documents obtained by the International Consortium of Investigative Journalists, has once again shone a spotlight on secret offshore accounts and tax loopholes. The papers contain the financial dealings and global influence of billionaires, world leaders and politicians, plus many more. They also highlight how ineffective governments can be in preventing manipulation of tax rules for the gains of the super rich. In order to understand how this imbalance occurs and how it fits into the global financial picture, journalist Razia Iqbal spoke with Jeffrey Sachs, one of the world's most foremost economists, to pick through the paper trail.

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